In January, when constraints sent natural gas prices skyrocketing during the “bomb cyclone” in the Northeast, the lack of pipeline capacity destroyed as much as 4 Bcf/d of demand as more coal and fuel oil entered the market, according to RBN Energy’s David Braziel, who directs finance and fundamental analysis.

Texas is facing a burning question that’s pitting the state’s economy against its environment, and oil drillers against each other.

With natural gas pipelines in the Permian Basin reaching 98 percent of capacity, Texas is weighing whether to keep intact or loosen strict state regulations that limit flaring, the process used by drillers to burn off excess gas pumped up along with their oil. Now the limit for individual wells is 45 days. After...

Multiple oil pipelines are preparing to carry more of the Permian Basin’s roaring production to faraway markets, but capacity issues remain for liquids and in particular for natural gas, which could lead to a complete gas blowout by this fall and require flaring or shut ins, according to analysts.

Analysts have been sounding the alarm about Permian takeaway issues for months, as gas and oil price...

After Tuesday’s sell-off, natural gas futures slid further Wednesday ahead of a weekly government storage report expected to show a triple-digit storage injection, though more supportive afternoon weather guidance offered some hope for the bulls…